A game focused on improving the play-to-win game economy. altcoin, the leading crypto exchange Binance entered a period of intense volatility after being listed by
A decentralized autonomous organization (DAO) that invests in metaverse games and can trade non-fungible tokens (NFTs). Circle of Merit (MC); Allows users with MC tokens to participate in protocol management, stake MC for rewards, NFT airdrops and early access to rewards.
The metaverse gaming DAO token jumped 17 percent two hours after it was listed on Binance, jumping from a 24-hour low of $10.03 to an all-time high of $1170.
However, despite being listed on a major exchange, the altcoin has largely corrected and is trading at $8.50 at the time of writing. This price action represents a drop of about 30 percent from the 24-hour high.
Merit Circle recently announced that it has invested approximately $1.5 million in various metaverse game projects such as Syn City, Genopets, and Big Time.
Syn Cityis a mafia-themed open world game where users control their own organized crime syndicates, while Solana (SOL) based Genopetsis the world’s first move-and-win NFT collectible game where users are rewarded for real-life physical activities. Big Time is a time-based role-playing game in which groups of six are guided through historical battles.
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